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A Prior encounter with Las Vegas killer in Reno: Nixon/Reagan key decisions

  • Broadcast in Politics
GoldenRod1960

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Nixon made radical moves in the government that were positive and long reaching.  He approved of the ERA, started the EPA, initiated relations with China & took a prudent risk with the gold standard. In August of1971,among twelve high-ranking White House and Treasury advisors; Nixon decided to change the nature of our monetary value system.  Nixon by advisement under Connally, decided to break up Bretton Woods by suspending the convertibility of the dollar into gold; freezing wages and prices for 90 days to combat potential inflationary effects; and impose an import surcharge of 10 percent, to prevent a run on the dollar, stabilize the US economy, and decrease US unemployment and inflation rates.

Nixon directed Treasury Secretary Connally to suspend, with certain exceptions, the convertibility of the dollar into gold or other reserve assets, ordering the gold window to be closed such that foreign governments could no longer exchange their dollars for gold.  Nixon was prudent in a backhanded way to improve American life.

We will also discuss Reagan's effectiveness in tearing down Berlin Wall, his missed opportunity with Gorbachev in reducing nuclear arms by clinging to his Star Wars program.  

With these decisions in 70s & 80s, our leaders were able to navigate & establish new frameworks to cope with world problems.  Is worrying about fake news as severe as what Nixon/Reagan had to cope with?

Don discusses how he believed he knew the killer of Las Vegas massacre and how he definitely worked with his female companion at the Atlantis in Reno. 

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